Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Cannon Hill › Richmond Rd
$1,320,000
Last sold
19 Aug 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
701 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,320,000
19 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Cannon Hill (last 5 years) with land size have a median of $3,105/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Cannon Hill
-26.7%
Median sale
Suburb $1,800,000
+0.80 pp
Gross yield
Suburb 2.18%
Suburb median $1,800,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $756/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place BulimbaPositioned on a 701m² block with dual access via Richmond Road and Favril Street, this neat and inviting home blends original charm with functional upgrades. With flexible living and development potential (STCA), it's ideal for professionals, families, or builders looking to create something special.
Option 1 – Move In or Rent Out:
Beautifully presented and full of warmth, this home offers:
• Three bedrooms with ceiling fans and plantation shutters
• Spacious sunroom with French doors — ideal for home office or second living
• Open-plan living and dining with polished timber floors and ornate cornicing
• Renovated kitchen with ample storage and modern appliances
• Air conditioning
• Covered outdoor entertaining with built-in cabinetry
• Fully fenced yard with large garden shed
• Driveway access from Favril Street with off-street parking
Please note: The solar system is non-functional
Option 2 – Future Development Potential (STCA):
This wide-frontage 701m² block, with its dual-street access, offers future scope for redevelopment or a dual occupancy arrangement (subject to council approval). For those with a larger vision, the neighbouring home at 129 Erica Street (also 701m2) is also on the market — combining to create a rare 1,402m² corner site with three-street access. This opens the door to a potential three-lot subdivision or boutique development project (STCA).
Option 3 – Knock Down and Build Two New Homes (STCA):
With wide access and a gently sloping site, this block is ideal for the construction of two modern homes (subject to council approval). Live in one, sell the other — or create space for extended family.
Situated just 9.8km from Brisbane CBD, this location offers convenience and lifestyle in equal measure. You're just a short walk to Seven Hills Bushland Reserve, perfect for bushwalks and outdoor family time. Also nearby: Cannon Hill Plaza, local cafes, Cannon Hill and Morningside train stations, Westfield Carindale, Camp Hill Marketplace, Minnippi Golf Course, Martha Street dining, and the vibrant Oxford Street precinct in Bulimba.
Falling within the Cannon Hill State School and Balmoral State High School catchment areas, this fantastic property is also a short distance from Saint Oliver Plunkett Primary School, Cannon Hill Anglican College and Lourdes Hill College. Do not miss this exciting opportunity call to arrange an inspection today.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Kasey Drake, Place Bulimba — reproduced as published, not verified by Districts.
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